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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (662341)7/17/2012 1:46:03 AM
From: i-node  Read Replies (2) of 1582528
 
Coburn's argument seems to be that "everything should be on the table" in cutting deficits, which is meant to include tax increases.

Unfortunately, there is a logical fallacy here -- that the deficits are caused by insufficient tax revenue. This is like tejek looking at his home budget and saying, "I'm going to keep spending beyond my means. I'll just have to scrape up more money from somewhere."

That's how absurd this process is. No one does that. We look at the money we're bringing in and say, "Gosh, I'm spending too damned much. I'm going to have to spend less until I can make more money."

Norquist, regardless of his methods, understands fully that if you raise taxes, Congress just sees that as a permit for spending more money. It has to stop somewhere. Coburn is a good man but just doesn't comprehend the very nature of the problem.
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